Finance Officer

2 weeks ago

Singapore WECRUIT PTE. LTD. Full time
Roles & Responsibilities

Job Description

We are seeking a meticulous and highly motivated Finance Officer to join our team in Singapore. This role is integral to ensuring the smooth execution of financial operations, compliance with regulatory standards, and the accuracy of financial transactions. The ideal candidate will have a strong foundation in accounting and finance, coupled with hands-on experience in Enterprise Resource Planning (ERP) systems.

Key Responsibilities:

  • Assist in the monthly financial closing process, ensuring the accuracy and completeness of financial records.
  • Review quarterly GST F5 report for accuracy, ensuring compliance with tax regulations and identifying any discrepancies or adjustments needed before submission.
  • Support the annual financial audit, liaising with auditors and reviewing the documentation in compliance with Singapore Financial Reporting Standards (SFRS).
  • Assist in budget preparation and financial forecasting to support business planning.
  • Review and process employee expense claims, ensuring compliance with company policies and IRAS guidelines.
  • Verify supporting documents and issue customer invoices promptly, ensuring accurate revenue recognition.
  • Validate and process supplier invoices, ensuring adherence to contract terms and regulatory requirements.
  • Prepare and submit bank payment requests, ensuring proper authorization and timely disbursement.
  • Proactively follow up with customers on overdue payments, implementing effective collection strategies to minimize bad debts.
  • Perform inter-company reconciliations, ensuring accurate consolidation of financial statements.
  • Conduct bank reconciliations, ensuring all transactions are accounted for and discrepancies are resolved promptly.
  • Execute annual fixed asset inventory count, ensuring all assets are accurately recorded, properly tagged, and aligned with the financial records.
  • Prepare key management reports, including:

o Subsidiary Sales Report

o Distributors' Sales Report

o Accounts Receivable Report

  • Manage banking-related matters, such as applications for banker's guarantees and corporate credit cards.
  • Assist in implementing and optimizing financial controls, policies, and processes in line with best practices.
  • Provide support for ad-hoc finance projects as assigned by the management.

Job Requirements:

  • Diploma/Degree in Accounting, Finance, or Business Administration from a recognized institution.
  • At least 2 years of experience in finance operations, preferably within a Singapore-based organization.
  • Proficiency in Microsoft Office Suite, including Outlook, Teams, Excel (advanced functions preferred), and Word.
  • Strong working knowledge of ERP systems (e.g., SAP, Xero, Oracle) and familiarity with CRM platforms.
  • Solid understanding of Singapore tax regulations, GST reporting, and financial compliance.
  • High level of accuracy and attention to detail in financial documentation and reconciliations.
  • Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines.
  • Excellent analytical, problem-solving, and communication skills.
  • Ability to work both independently and collaboratively in a dynamic, fast-paced environment.
  • Prior experience in regional finance operations within APAC will be an advantage.

We regret only shortlisted candidates will be contacted. All applications will be handled confidentially. By submitting your application, you agree to the collection, use, retention, and disclosure of your personal information to prospective employers.

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TEY WEI JIAN | EA Registration No. R24120855

Tell employers what skills you have

Outlook
Microsoft Office
IRAs
Consolidation
Tax
ERP
Financial Transactions
Accounts Receivable
SAP
Accounting
Financial Statements
Xero
Audit
Financial Reporting
Revenue Recognition

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